From Solitaire FRVR pe Quizzes - Legal Keating Co. is considering disposing of equipment with a cost of $58,000 and accumulated depreciation of $40,600. Keating Co. Gan sell the equipment through a broker for $27.000 less 9% commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $46,000. Keating will incur repair insurance, and property tax expenses estimated at $12,000 over the five year period. At lease-end, the equipment is expected to have no residual value. The net differential income from the lease alternative is s6,601 30